Fx trading news: UK unemployment rate is higher than expected in February, return to high levels!


2020-03-18 11:50      from:CAPSTONE    author:Jack

Capstone forex trading news: The UK February unemployment rate announced at 17:30 on March 17th (Tuesday), announced value: 3.5%, previous value: 3.4%, forecast value:-%.
Number of UK unemployment applicants (10,000 people) in February, published value: 1.73, previous value: 0.55, predicted value:-.
ILO unemployment rate in the United Kingdom in January, published value: 3.9%, previous value: 3.8%, forecast value: 3.8%.

forex trading
The British unemployment rate in February was higher than expected, and the number of applicants for unemployment benefits was higher than expected. In the three months to January, the UK has created more jobs than expected, but the unemployment rate has also reached its highest level since 2011, suggesting a further tightening of the labor market before the new crown virus begins to erupt.
The National Bureau of Statistics said the number of employed persons increased by 184,000 to 32.985 million, mainly driven by quarterly full-time and record employment growth of women.
However, as the epidemic spreads, British employment is expected to be affected, which will further impact the British economy. The Bank of England's new governor, Andrew Bailey, promised that the Bank would take further "quick action" when needed to help the UK economy cope with the new crown virus outbreak.
Bailey took over Carney yesterday as governor of the Bank of England, and told the BBC that the central bank would "do its best" to ensure that the short-term impact of the epidemic on the economy would not cause permanent damage to Britain's long-term growth prospects.

Why Choose Capstone Online CFD Trading?
* EURUSD Avg spread of 0.1 pips is the best in the world
* Starting Deposit $100
* Leverage up to 1:400
* Transfer your funds securely with 0% Commission
* Average execution speeds of under 45ms*
* Our diverse and proprietary liquidity mix keeps spreads tight 24/5


Got a Question? Contact us now

Liquidity providers:

  • Morgan Stanley
  • Nomura Holdings
  • RBC Royal Bank
  • Royal Bank of Scotland
  • Société Générale
  • UBS
  • Bank of America
  • Barclays
  • BNP Paribas
  • Citadel
  • Citibank
  • Commerzbank
  • Credit Suisse
  • Deutsche Bank
  • Goldman Sachs
  • JPMorgan Chase & Co.
  • KCG
  • Macquarie Group

Capstone forex facebook Capstone forex twitter Capstone forex instagram Capstone forex linkedIn Capstone forex Youtube

Margin FX and CFDs are leveraged products that can result in losses exceeding your initial deposit.They are not suitable for everyone,please make sure that you fully understand the risks involved.

Before you open an account and make a deposit with Capstone,please ensure to look through our legal documents, and based on your personal financial situation, confirm if you have fully understand the risks involved in FX trading.

The information on this site is not directed at residents of the United States, Japan, Afghanistan, Algeria, Angola, Bosnia and Herzegovina, Canada, Cuba, Guyana, Iran, Iraq, Lao PDR, Myanmar, North Korea, Papua New Guinea, Sudan, Syria, Uganda, Yemen or any particular country outside Australia and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law and regulation.

There are business partners:fund custodian Banks,liquidity providers – Banks,ECNs, etc.,trading and technical support companies,market news and data providers,etc.,who establish cooperation relations with Capstone through the website directly or indirectly.Among them,all these trading names and icons of the cooperative merchants are owned by themselves and have nothing to do with Capstone.

Capstone Global is a group of companies which include Capstone Global Australis Pty Ltd, an ASIC regulated provider of CFD and Forex trading services (ABN 95 612 024 889, AFS License No. 494799) and Capstone Global Markets LLC. which is a registered company of St. Vincent and the Grenadines, Limited Liability Number 119 LLC 2019. Capstone Global does not accept applications from residents of countries or jurisdictions where such distribution or use would be contrary to local laws or regulations.

Copyright © 2020 Capstone. All rights reserved.

CAPSTONE FOREX GLOBAL | Forex Trading | Sitemap